CH Hotels and Resorts aims for 200 hotels by 2020

The company also has investments in Param Kannampilly's Concept Hospitality which owns the Fern brand. “The company is growing by leaps and bounds.Anumeha Chaturvedi | ET Bureau | Updated: November 28, 2016, 17:47 IST

NEW DELHI: Nepal-based Chaudhary Group (CG) Hotels and Resorts, which has a 50:50 joint venture with the Taj Hotels Resorts and Palaces for countries like Maldives and Sri Lanka and also for Taj safari lodges is building another hotel under the joint venture in Phuket, Thailand and will take Taj Safari lodges to other overseas markets besides Nepal.

Rahul Chaudhary, executive director at CG Corp said the company will add four to five more Taj Safari lodges in locations like Deodhar, and Sariska besides adding one more in Bandhavgarh. "We have a new Taj Safari lodge in Nepal and will take Taj Safari lodges to other overseas markets as well," he added.

The company, which also operates through other brands like Zinc, joint venture arrangements like Alila and Jetwing amongst others has 100 plus hotels under development in 65 cities and aims to have 200 hotels operational by 2020, said Chaudhary.

"We want to be the only diversified group with a portfolio from China to New York, having a share in every segment in the hospitality business," he added.

The company also has investments in Param Kannampilly's Concept Hospitality which owns the Fern brand. “The company is growing by leaps and bounds. The group has about 45 hotels under operation. We also have our own brand called Zinc which tries to capture all segments. Zinc living is our serviced apartments brand which is operational in Rwanda. Zinc City, is an upscale brand and the first is under development in Nepal. Under Zinc Journey we have two properties operational in China, one in Sri Lanka and four more under development there, three under development in Bhutan and we are pursuing four in Rajasthan. We are also developing the budget hotel space under our brand Zinc Express,” said Chaudhary.

He added that the new hotels under the Taj joint venture would be a mix of management and investment contracts. Under its Alila arrangement, the company has two luxury hotels in Bengaluru and Goa with a third one opening in Jaipur soon.

"The Indian subcontinent, Middle East, East Africa and Southeast Asia are our focus areas and we are also concentrating on the 3-4 star space. There is huge potential in that space because you are also catering to tier 2 tier 3 cities," Chaudhary added.